US Edition
EU Leaders Pile Pressure on Hungary's Orban to Lift Block on Ukraine Loan
Hungarian Prime Minister Viktor Orbán links a €90 billion EU loan to Ukraine to restoring Russian oil flows via a damaged pipeline amid Hungary’s April elections, EU leaders said.
- European Union leaders are pressuring Hungarian Prime Minister Viktor Orban to lift his blockade on a vital 90-billion-euro EU loan to Ukraine decided at the European Council level.
- Orban has linked the loan to the reopening of the Druzhba oil pipeline, stating 'If there is no oil, there is no money.'
- Ukrainian President Volodymyr Zelenskyy called the obstruction unfair and emphasized the necessity of the funds to strengthen Ukraine's army amid the war.
- German Chancellor Friedrich Merz criticized the blockade as politically motivated and urged the EU to agree quickly on sanctions and the loan.
227 Articles
227 Articles
Hungary is sticking to its blockade of Ukraine's financial aid. EU countries still want to pay out the loan.
German Chancellor Attacks Hungarian Prime Minister for Refusing to Lift Veto on €90 Billion EU Loan to Kiev
Orban Announces Will Block All EU Measures For Ukraine Until Oil Transit Restored
Orban Announces Will Block All EU Measures For Ukraine Until Oil Transit Restored Hungary remains one of the lone Ukraine-skeptic EU/NATO members which actually has a lot of leverage, resulting in bolder and bolder pronouncements being issued by Hungarian Prime Minister Viktor Orbán of late. He has newly made clear this week that Hungary will block all EU summit decisions in Ukraine's favor until oil Russian flows resume. There's ongoing controv…
Watauga Democrat
'Blackmail': EU leaders round on Orban for stalling Ukraine loan
Outraged EU leaders rounded on Viktor Orban after the Hungarian nationalist refused to lift his veto on funds for Ukraine's war effort at a Thursday summit, accusing him of a "gross act of disloyalty" tantamount to "blackmail."
Chancellor Merz wanted to talk about economic growth at the EU summit, but the Iran war threatens the hoped-for recovery. And Hungary's Prime Minister is blocking billions of aid for Ukraine – much to the trouble of his colleagues.
Viktor Orbán, who has been in power in Hungary since 2010, is fighting for a fifth term in the general elections on 12 April. In this context, Hungary is making the payment of a €90 billion loan in Kiev conditional on the resumption of Russian oil deliveries by a third party.
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